#TB8321529, Betty Rohe, Listing office: LUXURY & BEACH REALTY INC
742 7th Ave N Saint Petersburg, FL 33701
Property details
About 742 7th Ave N
Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership. The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles. Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you’re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal. With current rents slightly below market, there is significant potential for increased revenue. Don’t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg’s most sought-after neighborhoods. Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!
Highlights
Virtual tour
Summary
- Interior: Ceiling Fans(s), Other
- Private Pool: No
- Exterior: Balcony, Other
- Heating: Central, Other
- Cooling: Ductless
- List Price: $1,450,000
- Price/SqFt: $412
- HOA Amount: $0
- Annual Tax Amount: $9,233
- Tax Year: 2023
- Directions: 4th St N. east on 7th Ave n to address
- Year Built: 1915
- Living Area: 3,515 SqFt
- Lot Size: 0.18 Acres
- MLS Number: TB8330842
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (727) 360-6927
- Listing Agent: Estelia Will Mesimer
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Last updated on: 6/22/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,450,000
742 7th Ave N
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 21, 2023 | Home Sold | $1,230,000 |
Aug 18, 2004 | Home Sold | $236,500 |
Jun 11, 2003 | Home Sold | $164,900 |
Apr 04, 2002 | Home Sold | $375,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $630,000 | $9,233 |
2022 | $567,000 | $8,427 |
2021 | $385,300 | $8,427 |
2020 | $325,804 | $7,229 |
History based on county public records data.
Nearby schools
4
Woodlawn Elementary
Public District PK-5
1.0 mi
•1600 16th St N
6
Campbell Park Elementary
Public District PK-5
1.1 mi
•1051 7th Ave S
5
Melrose Elementary
Public Magnet PK-5
1.7 mi
•1752 13th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,333. The majority of Saint Petersburg, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 742 7th Ave N
The listing price of 742 7th Ave N property is $1,450,000.
The property 742 7th Ave N is a multi located in Saint Petersburg, Florida, 33701.
Active Listing: 742 7th Ave N is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 742 7th Ave N are: Woodlawn Elementary (GreatSchools Rating 4/10), Campbell Park Elementary (GreatSchools Rating 6/10), Melrose Elementary (GreatSchools Rating 5/10), John Hopkins Middle School (GreatSchools Rating 4/10), James B. Sanderlin K-8 (GreatSchools Rating 7/10), Thurgood Marshall Fundamental (GreatSchools Rating 7/10), Pinellas Mycroschool of Integrated Academics and Technologie (GreatSchools Rating 1/10), St. Petersburg High School (GreatSchools Rating 5/10), Gibbs High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $9,233 (source: MLS/based on county public records data).
The last sale was on July 21, 2023 for $1,230,000 (source: MLS/tax record).
The property 742 7th Ave N is 3,515 SqFt (source: MLS/tax record).
The year of construction for 742 7th Ave N is 1915.
This home is located at 742 7th Ave N in Saint Petersburg, FL and zip code 33701 in the Historic Uptown neighborhood. This 3,515 square foot home, which was built in 1915, sits on a 0.18 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $1,450,000.
While more than 44 listings in Saint Petersburg, FL in May 2025 were sold above asking price, there were more than 76 listings sold at asking price, and more than 297 were sold below. In May 2025 in Saint Petersburg, FL there were 3.1% more homes for sale than in April. The median list price of listings available in May 2025 was $428,719, while the average time on the real estate market was 50 days.